The EURGBP concluded the week in red for the third straight week. The currency pair remains on the backfoot as the Euro continues to weaken, with financial market participants seeming to be
The EURJPY currency pair traded in positive territory for the sixth consecutive day near 173.80 on Wednesday during the early European session. The Yen weakened after the data showed that Japanese business
EURUSD remains on the backfoot on Tuesday, slightly above 1.0700, as the major currency pair comes under pressure due to expected decline in the preliminary Eurozone HICP data for June. The annual Harmonised
EURUSD gained 0.50% and jumped to a more than two-week high near 1.0770 in Monday’s European trading. The major currency pair strengthened as initial results of the first round of France’s parliamentary
The euro headed for its third successive decline against the pound sterling on Friday, with the EURGBP pair rising sharply at 0.8531, notching a 0.26% gain. Inflation data from the Eurozone, both
Following a volatile opening to the week, markets remain relatively quiet on Tuesday, as gross domestic product (GDP) data for the first quarter from the Euro area and Germany will be watched
Euro-Sterling is holding positive ground below the mid-0.8500s during early European trading on Tuesday. The EURGBP cross is edging higher following the UK labour market and German inflation data, trading around 0.8540,
The Harmonised Index of Consumer Prices (HICP), an indicator of inflation and price stability, rose by 2.1% in Cyprus in January this year, compared to January 2023, and decreased by 1.2% month-on-month
Cyprus soon to feel impact of Red Sea disruptions Market stakeholders warned against early celebrations over a downward trend in inflation, citing that ongoing attacks by Yemen’s Houthi rebels on vessels
By Craig Erlam Eurozone inflation fell further than expected in October, leaving the headline HICP rate within touching distance of the ECB’s 2% target. While policymakers have continued to push back against
